Mike W

When Market Fear Becomes a Self-Fulfilling Prophecy

Let’s take a trip backwards to help us look forward. The chart below shows us the Great Recession Lows in March 2009, when everyone REALLY swore they would never invest again. Just about everyone concluded that the market...

Emotions, Algorithms & Misplaced Sentiment

After many years writing the mantra "pray for a correction" some readers have responded with consternation that I can stop now that it’s here. Others have suggested I should consider a more agnostic perspective in future. I understand...

When The Only Way To Win Is By Not Playing The Game…

Needless to say, the market is not cooperating at the moment. It’s short-term frustrating and, oddly-enough, doing precisely what took place right before the last big demographic lift-off; the Baby Boomers of the early 1980s. Equally, the way...

Order More Robots?

Rates are rising because the economy is improving. And if you are still afraid of robots taking your job, well, then you’re missing. The next wave of robots will only make the ground more fertile and rewarding in...

Something in the Way the Market Moves…

Records are being set in the Holiday Season, and lost in the headlines. And consumers seem just a tad nonplussed by all these suggestions of tariff wars which, at the current levels of 10% on $250 billion in...

Bear Market Rubber-Necking

Why does an accident on any well-travelled highway always cause a traffic tie-up on both sides of the road? We just can’t help but stop and stare. And only once the mayhem caused by onlookers clears does the...

The True Colour of Wealth

This chart has passed around many circles. But after the month of October it’s well worth a revisit. Let it serve as a mental reset: Focus for a moment on all that ‘blue’ colour above. Then look at...

Fear & Greed

“Rule #1 - Most things will prove to be cyclical. Rule #2 – Some of the greatest opportunities for gain and loss come when other people forget Rule #1.” Howard Marks For the last week or two it...

October’s Annual Stock Market Scare Fest

“If you’re after above average results over time, then you have to stop thinking and/or reacting like everyone else. Turn off the news, ignore the TV financial pundits, and focus instead on thinking differently than the crowd…” Well,...

Facts Are Good, Feelings Are Bad…Go Figure!

It’s hard to believe that we’re already staring down the barrel of the last 90 days of 2018. In fact, it’s stunning really how fast time is flying by. The Latest on Earnings... In short, they continue to...